Transferring Money Overseas and Currency Exchange
With many clients based overseas or travelling regularly, we are frequently asked about how best to transfer money internationally.
Typically our clients are transferring significant funds for one of the following reasons:
- purchasing property
- moving overseas
- transferring a salary or pension
- sending funds to a family member abroad
Whatever the reason, it is prudent to understand the best and most economical way to transfer funds.
When seeking a preferential transfer rate, the high street banks are rarely the most competitive point of call.
Working with Smart Currency Exchange, The Fry Group provides clients with access to preferential exchange rates and a service that saves time and money on bank to bank currency transactions. The service aims to be approximately 3% cheaper than using a high street bank. Importantly, all Smart Currency Exchange clients are allocated a dedicated member of staff to handle transactions, rather than having to deal with an impersonal call centre.